Fayette County Market Recap: Prices Dip as Sales Slow

Fayette County's housing market saw a notable shift in the first half of 2026, with median home prices dropping to $299,000 across 34 closed sales. This represents a 13.3% decrease compared to the prior six-month period and a 4.9% increase year-over-year. The market also experienced a significant cooling in speed, with homes spending an average of 72 days on the market, down from 108 days previously but still up 41.2% compared to the same window last year. ALEX Intelligence analyzed the pricing dynamics, finding that sellers accepted 89.6% of their original list price on average, a slight improvement over the prior period but below the 93.5% seen a year ago. The volume of activity remained modest, with 34 homes closing in the six months ending September 2026, compared to 28 in the prior window and 43 during the same period last year. New construction activity was minimal, accounting for just one closed sale in this timeframe. Inventory levels remain a key factor, with 62 active listings currently on the market. This supply level translates to approximately 10.9 months of inventory, indicating a buyer-favorable environment where homes take longer to sell. While the median price per square foot held steady at $175 compared to last year, the average home size sold decreased slightly to 1,739 square feet. These figures reflect a market adjusting to higher interest rates and shifting demand patterns over the past six months. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog